Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
5 CLOVER LANE is a large detached house of 136m², built sometime between 1996 and 2002. It was last sold for £358,000 in August 2002, which was around 58% above the average August 2002 detached price in the Arun local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 5 CLOVER LANE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Arun local authority area for the corresponding sale date. One of the three 5 CLOVER LANE sales was for above the average price, whilst two were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).
Date | Price | HPI Price | Variation from HPI |
---|---|---|---|
2002 23 AUG | £358,000 | £227,212 | 58% above HPI |
2001 14 SEP | £180,000 | £198,889 | 9% below HPI |
1996 12 DEC | £77,500 | £102,432 | 24% below HPI |
The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The three 5 CLOVER LANE sales between December 1996 and August 2002 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 2001 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2002 sale, where it rises to 58% above the HPI. The line then continues to track at 58% above the HPI.
5 CLOVER LANE is 136m² according to the EPC inspection conducted in October 2014. This puts it in the largest 30% of detached houses in Ferring, based on EPC data. The below chart shows the distribution of detached houses by size in Ferring, and where 5 CLOVER LANE lies on this distribution: 72% of detached houses are smaller than 5 CLOVER LANE, and 27% of houses are larger. Note that EPC data is not available for all properties in Ferring.
5 CLOVER LANE sits on a plot of roughly 0.163 of an acre, or 658m². The below map shows the location of 5 CLOVER LANE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 5 CLOVER LANE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.
5 CLOVER LANE is located in FERRING, in the BN12 postcode district. The below map shows the position of No. 5 on CLOVER LANE.